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Technology Stocks : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?


To: zc66 who wrote (4747)12/23/1997 11:47:00 AM
From: Mohan Marette  Read Replies (1) | Respond to of 19080
 
For god's sake,man, don't go out there alone!!!!

zc66 & thread: interesting reading.

businessweek.com

Ps: warning! multiple postings on Intel,dell and orcl threads,so if you see the same thing over at these threads just skip it,ok.



To: zc66 who wrote (4747)12/23/1997 12:11:00 PM
From: Patricia A. Melzer  Read Replies (1) | Respond to of 19080
 
>> The lawsuit says that five insiders sold 80,000 shares in November.

That sounds totally insignificant to me. Options expire and need to be sold, people want cash for a million different reasons. 80,000 is a very small number relative to shares held by insiders. If that is what the lawsuit is based on it should be thrown out immediately. imho

>> According to Insider Trader, the President (Lane) & a director
>> sold a combined total of 210,000 shares between Nov. 4 & 6 @ an
>> avg price of just under 37 3/8 --roughly $7.85MM.

Even this larger number may be relatively small when looking at their total options outstanding.



To: zc66 who wrote (4747)12/23/1997 2:07:00 PM
From: P.T.Burnem  Read Replies (1) | Respond to of 19080
 
Oracle Insiders Sales: <br>

SEC Sym Pos Name Type Date Shares Price Holdings

12/97 (ORCL) DIR LUCAS DONALD L S 11/04/97 10,000 36.62 12,500
12/97 ORCL PR LANE RAYMOND S 11/05/97-11/06/97 200,000 35.93-38.86 17,990
11/97 ORCL EX VP HENLEY JEFFREY O X 10/20/97 100,000 1.35
11/97 ORCL DIR LUCAS DONALD L X 10/28/97-10/29/97 20,000 6.24
11/97 ORCL EX VP ROUX DAVID X 10/31/97 40,000 13.14
11/97 ORCL EX VP HENLEY JEFFREY O S 10/20/97 100,000 34.50-34.62 2,810
11/97 ORCL DIR LUCAS DONALD L S 10/28/97 20,000 33.54-34.75
11/97 ORCL EX VP ROUX DAVID S 10/31/97 40,000 35.69 4,047
08/97 ORCL EX VP HENLEY JEFFREY O X 07/11/97-07/22/97 100,000 2.02-2.07
08/97 ORCL EX VP ROUX DAVID X 07/18/97 25,000 19.72
08/97 ORCL EX VP SHAW ROBERT S 07/11/97 88,219 53.00-55.04 634
08/97 ORCL EX VP HENLEY JEFFREY O S 07/11/97-07/22/97 100,000 50.33-55.00 2,485
08/97 ORCL EX VP ROUX DAVID S 07/18/97 25,000 56.00-56.37 2,279